Israels & Neuman, PLC Investigates Shawn Davis, Formerly of Independent Financial Group
Have you lost money with financial advisor Shawn Bruce Davis (CRD# 2911230), of Independent Financial Group, in Auburn, California? We are investigating allegations of former customers related to Shawn Davis. Shawn Davis’s BrokerCheck report, a public record maintained by FINRA, states that Davis has been the subject of twelve customer complaints, many involving the sales of alternative investments like REITs (real estate investment trusts) and private placements.
Shawn Davis was a registered representative of Independent Financial Group from February 2014 to May 2017. Davis worked in offices in Auburn, California. Davis was also affiliated with Uncommon Capital.
Brokerage firms like Independent Financial Group have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Independent Financial Group.